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Greenback falls to lowest since mid-November
Published Thu, Feb 2, 2017 · 09:50 PM
London
THE dollar fell to its lowest since mid-November on Thursday after the Federal Reserve disappointed investors hoping for a clear sign of a March interest rate rise, while the Australian dollar rallied after data showed a record trade surplus.
Money markets had shown a 20 per cent chance of a rise in US rates next month but that slipped to as little as 15 per cent despite the Fed sending a broadly upbeat message on the economy.
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